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Special Resolution on social housing takes effect from June 1, 2025

From June 1, the National Assembly's Resolution on piloting a number of specific mechanisms and policies for social housing development officially took effect and will be applied for 5 years.

Báo Đồng NaiBáo Đồng Nai02/06/2025

Some highlights of this resolution are: no ceiling price for selling or renting social housing, instead, investors build and approve by themselves, then send the documents to the provincial professional agency for inspection; the provincial People's Committee is assigned to the investor to implement the project without bidding; many administrative procedures are eliminated and the time to process documents is reduced by 30-70% compared to normal...

In addition, the resolution also stipulates the National Housing Fund (including central and local funds, operating not for profit) to develop rental housing. Localities, state agencies, and enterprises are allowed to rent social housing to arrange accommodation for officials and civil servants affected by the rearrangement of administrative units and workers to stabilize personnel.

This resolution is expected to remove legal obstacles for investors, contribute to promoting project development, and reduce housing pressure in large cities and localities with a large number of workers.

Le An

Source: https://baodongnai.com.vn/kinh-te/202506/nghi-quyet-dac-thu-ve-nha-o-xa-hoi-co-hieu-luc-tu-ngay-1-6-2025-ee20d16/


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